The Urethane Blog

Everchem Updates

VOLUME XXI

September 14, 2023

Everchem’s Closers Only Club

Everchem’s exclusive Closers Only Club is reserved for only the highest caliber brass-baller salesmen in the chemical industry. Watch the hype video and be introduced to the top of the league: read more

More Phones Than People

by Tyler Durden

Thursday, Apr 06, 2023 – 04:15 AM

This week marked the 50th anniversary of a momentous phone call.

A big call on a big phone – Cooper in 1973

As Statista’s Felix Richter reports, on April 3, 1973, Motorola engineer Martin Cooper was standing in a street of New York when he made the first ever call on a true mobile phone, calling his chief rival at Bell Labs, Joel Engel, presumably to gloat.

The call, made on a prototype of what later became the Motorola DynaTAC, was brief, as Cooper later recalled.

“I said ‘Joel, this is Marty. I’m calling you from a cellphone, a real, handheld, portable cellphone.’ There was a silence at the other end. I suspect he was grinding his teeth.”

Cooper’s call was a pivotal moment in the history of mobile communication, as it marked the beginning of a new era.

Today, mobile phones are ubiquitous, with over 5.4 billion people worldwide having at least one mobile subscription, according to GSMA.

In fact, there are now more mobile subscriptions than people on the planet, as the former overtook the latter in 2016.

Infographic: More Phones Than People | Statista

You will find more infographics at Statista

According to the International Telecommunication Union (ITU), there were more than 8.58 billion mobile subscriptions in use worldwide in 2022, compared to a global population of 7.95 billion halfway through the year.

https://www.zerohedge.com/technology/more-phones-people

April 6, 2023

Recticel Update

Update regarding the divestment of Recticel Engineered Foams to Carpenter

Regulated information, Brussels, 06/04/2023 — 06:59 CET, 06.04.2023

Recticel reports that the closing of the Engineered Foams divestment to Carpenter Co. has not taken place at the end of March 2023. 

Parties continue to work towards a closing to take place as soon as possible.

https://www.recticel.com/update-regarding-divestment-recticel-engineered-foams-carpenter.html

Now running at 56.5c/lb . . .

March 31, 2023

Housing Starts Update

United States Housing Starts

February 2023 Data – 1959-2022 Historical

Housing starts in the US surged 9.8% from a month earlier to a seasonally adjusted annualized rate of 1.45 million in February of 2023, the highest in five months, and way above market forecasts of 1.31 million, in a sign that some confidence may have returned to the housing market, although mortgage rates and inflation remain elevated. Single-family housing starts were up 1.1% to 830 thousand and starts for units in buildings with five units or more surged 24.1% to 608 thousand, the highest since April last year. Starts soared in the Midwest (70.3% to 201 thousand), the West (16.8% to 347 thousand), and the South (2.2% to 796 thousand) but fell in the Northeast (-16.5% to 106 thousand). Compared to February 2022 however, housing starts were 18.4% lower. In January, housing starts were revised higher to 1.321 million from an early estimate of 1.309 million, but remaining the lowest since June of 2020. source: U.S. Census Bureau

United States Housing Starts

https://tradingeconomics.com/united-states/housing-starts